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Nonprofit · EIN 26-2077330

MITCHELL CANGELOSI SCHOLARSHIP FUND INC

Tax-exempt · OAKDALE, NY 11769

Financials

$6K$19K2023$10K$16K2024$12K$16K2025
Revenue Expenses · by fiscal year end
Financials of MITCHELL CANGELOSI SCHOLARSHIP FUND INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$11,823$16,496-$4,673$202,352–$202,352
December 31, 2024990-EZ$9,982$15,693-$5,711$207,025–$207,025
December 31, 2023990-EZ$5,970$19,135-$13,165$212,736–$212,736
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$100
Program service revenue
$0
Investment income
$10,811
Net gain from sales of assets
$912

Expenses

Grants and similar amounts paid
$15,942
Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$400
Other expenses
$154
Program services (functional)
$15,942

Balance sheet and other

Total assets, start of year
$207,025
Total assets, end of year
$202,352
Total liabilities, end of year
–
Net assets, end of year
$202,352
Cash, savings and investments
$202,352
Gross receipts
$21,367

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Jerome CangelosiPresident5$0
Lorrie J CangelosiTreasurer5$0
Carl CangelosiSecretary5$0
990-EZ for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
Jerome CangelosiPresident5$0
Lori CangelosiTreasurer5$0
Carl CangelosiSecretary5$0
990-EZ for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
Jerome CangelosiPresident5$0
Lori CangelosiTreasurer5$0
Carl CangelosiSecretary5$0

Address and contacts

Address (IRS master file)
10 MEADOW CT, OAKDALE, NY 11769-1632
In care of
% JEROME CANGELOSI
Mailing address (990-N for 2014)
142 COLTON AVENUE, SAYVILLE NY 11782
Principal officer (990-N for 2014)
JEROME CANGELOSI, 142 COLTON AVENUE, SAYVILLE NY 11782
Signed the 990-EZ
Jerome Cangelosi, President
Phone
(516) 314-0013
Return prepared by
Luigi Andreotti CPA PC

Mission

Award a Scholarship to a graduating senior.

990-EZ for the year ended December 31, 2025

Program accomplishments

  • Award a Scholarship for higher education to a graduating senior of sayville high school, as selected by the facultywho meet the criteria of academic and athletic excellence.
    Expenses $12,000 · grants $12,000
  • Scholarship paid to SUNY Suffolk Community College for a Sayville High School Senior
    Expenses $3,942 · grants $3,942

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-EZ on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
26-2077330
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2009
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Education (B82)
Assets (IRS master file)
$202,352
Income (IRS master file)
$21,367

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$11,823$16,496$202,352IRS
990-EZDecember 2024$9,982$15,693$207,025IRS
990-EZDecember 2023$5,970$19,135$212,736XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2018–––IRS
990-N for 2014
Officer: JEROME CANGELOSI
December 31, 2014≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-2077330).

Questions about MITCHELL CANGELOSI SCHOLARSHIP FUND INC

What is the EIN of MITCHELL CANGELOSI SCHOLARSHIP FUND INC?
The employer identification number (EIN) of MITCHELL CANGELOSI SCHOLARSHIP FUND INC is 26-2077330.
Is MITCHELL CANGELOSI SCHOLARSHIP FUND INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
Are donations to MITCHELL CANGELOSI SCHOLARSHIP FUND INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MITCHELL CANGELOSI SCHOLARSHIP FUND INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of MITCHELL CANGELOSI SCHOLARSHIP FUND INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MITCHELL CANGELOSI SCHOLARSHIP FUND INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
Who is the principal officer of MITCHELL CANGELOSI SCHOLARSHIP FUND INC?
The 990-N for 2014 names JEROME CANGELOSI.
Who are the officers and directors of MITCHELL CANGELOSI SCHOLARSHIP FUND INC?
The 990-EZ for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does MITCHELL CANGELOSI SCHOLARSHIP FUND INC have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $11,823, expenses of $16,496 and total assets of $202,352 at year end.

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